# Amica

Amica is an Insurance based in Lincoln, United States.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Lincoln, United States
- **Region:** North America
- **Address:** 100 Amica Way, Lincoln, RI 02865, United States
- **Founded:** 1907
- **Assets under management:** Undisclosed
- **Website:** amica.com
- **LinkedIn:** https://www.linkedin.com/company/weareamica

## Regulatory record

- **Reports private funds:** No

## About

Amica develops renewable energy projects, focusing on photovoltaic and energy storage solutions within the energy sector. The company offers services from planning and financing to operation and management of energy projects. Founded in 2015, Amica is based in Achim, Germany.

## Sectors

- Real Estate
- Private Credit
- Infrastructure

## Offices

- Lisle, IL
- Horsham, PA

## People

- Susan F. Chung — Chief Investment Officer and Chief Strategy Officer
- Benjamin Pittsley — Director of Alternatives and Investment Officer
- Edmund (Ted) Shallcross III — President and CEO
- Samuel J. Kennedy — Chairman of the Board

## Questions

### Who runs investment decisions at Amica?

Susan F. Chung serves as Chief Investment Officer and Chief Strategy Officer, making her the senior decision-maker on portfolio allocation. Benjamin Pittsley directs the alternatives program and holds the title Director of Alternatives and Investment Officer. The two manage the general account under the governance of the board chaired by Samuel J. Kennedy.

### How does Amica's mutual structure affect its investment posture?

Amica has no public shareholders and issues no equity, which removes quarterly earnings pressure entirely. The general account can hold assets through market cycles without forced selling, giving Chung's team a permanent-capital advantage that resembles a family office more than a publicly listed insurer. Decisions optimize for long-term surplus growth and claims-paying ability, not short-term reported returns.

### Where is Amica's investment team located?

The investment office operates from Amica's headquarters at 100 Amica Way in Lincoln, Rhode Island. The firm also has regional offices in Lisle, Illinois and Horsham, Pennsylvania, though its core investment professionals are concentrated at the Lincoln campus.

### How does Amica source alternative investment opportunities?

Deal flow runs partly through Amica's deep ties to the mutual insurance industry — the firm is an active NAMIC participant, a trade association where general-account managers routinely share co-investment dialogues. Executive participation in the Association for Corporate Growth's Deal Hunters Committee provides additional origination channels for direct and co-investment opportunities.

## Related profiles

- [Ameritas Life Insurance Corp.](https://altss.com/profile/ameritas-life-insurance-corp)
- [Amica Pension Plan](https://altss.com/profile/amica-pension-plan)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/amica

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